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  2. Sales taxes in the United States - Wikipedia

    en.wikipedia.org/wiki/Sales_taxes_in_the_United...

    In New York City, total sales tax is 8.875%, which includes 0.375% charged in the Metropolitan Commuter Transportation District (MCTD). On September 1, 2007, New York State eliminated the 4% state sales tax on all clothing and footwear if the single item is priced under $110.

  3. Louisiana lawmakers pass income and corporate tax cuts ... - AOL

    www.aol.com/louisiana-lawmakers-pass-income...

    BATON ROUGE, La. (AP) — Louisiana’s GOP-dominated legislature passed tax cuts on personal and corporate income on Friday in exchange for a statewide sales tax increase, giving Gov. Jeff Landry ...

  4. Tax exemption - Wikipedia

    en.wikipedia.org/wiki/Tax_exemption

    Tax exemption is the reduction or removal of a liability to make a compulsory payment that would otherwise be imposed by a ruling power upon persons, property, income, or transactions. Tax-exempt status may provide complete relief from taxes, reduced rates, or tax on only a portion of items.

  5. Is My Business Tax-Exempt? - AOL

    www.aol.com/finance/business-tax-exempt...

    Saving money: Tax-exempt organizations can save money by not paying federal taxes, as well as sales tax in certain places. Charitable donations: If you operate a charity, receiving tax-exempt ...

  6. Sales tax - Wikipedia

    en.wikipedia.org/wiki/Sales_tax

    Wholesale sales tax, a tax on sales of wholesale of tangible personal property when in a form packaged and labeled ready for shipment or delivery to final users and consumers; Retail sales tax, a tax on sales of retail of tangible personal property to final consumers and industrial users [3] Gross receipts taxes, levied on all sales of a ...

  7. Corporate tax cut may have adverse effect on smaller, local ...

    www.aol.com/news/corporate-tax-cut-may-adverse...

    Louisiana has the highest corporate tax rate in the Southeast at 7.5%. Rep. Julie Emerson, R-Lafayette. who authored the bill, called the rate "extremely uncompetitive."

  8. Taxation in the United States - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_the_United_States

    Nearly all jurisdictions provide numerous categories of goods and services that are exempt from sales tax, or taxed at a reduced rate. Purchase of goods for further manufacture or for resale is uniformly exempt from sales tax. Most jurisdictions exempt food sold in grocery stores, prescription medications, and many agricultural supplies.

  9. Louisiana residents are paying the highest sales tax rate in ...

    www.aol.com/louisiana-residents-paying-highest...

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